High-Interest Savings Account – All You Need to Know
Posted on Friday, September 17th, 2021 | By IndusInd Bank
What is the first thing that comes to mind when you think of a savings account? Safety, check. Liquidity, check.
What about a high interest rate? Not convinced? Yes, your savings account is a lot more than a safe haven for your deposits.
At IndusInd Bank, you enjoy a high interest rate on your savings account, apart from a variety of privileges. Keep reading on!
What is a High-Interest Savings Account?
As the name suggests, a high-interest savings account offers quick inflow and outflow of funds but at a relatively higher interest rate. Usually, only fixed deposits or other investment-oriented accounts offer high ROIs. But, with IndusInd Bank’s high-interest savings accounts, you can earn up to 4.5% ROI. Isn’t that tempting?
You can choose from a range of savings accounts at IndusInd Bank, based on your needs. To know all about our offerings, click here.
Top High-Interest Savings Accounts by IndusInd Bank
Indus Select
In addition to the typical array of savings account features, Indus Select comes with attractive ROIs and a plethora of privileges. Take a look below.
ROI Table: Amount
- Balance up to Rs. 10 lakhs: Rate of Interest 3.5% p.a.
- Balance above Rs. 10 lakhs P: Rate of Interest 4.5% p.a.
Additional Benefits
- Get complimentary insurance cover of Rs. 35.5 Lakhs with your Select Debit Card
- Group accounts of up to 4 family members and get relationship benefits across all grouped accounts.
- Unlimited ATM withdrawal
- Attractive cashback on shopping with Select Debit Card
- You receive a locker discount of up to 50% for small or medium lockers for 1 year. Get 35% off from year 2 onwards.
- Get 10% discount on Loan Processing Fee
- Get AMC waiver for your Demat Account for 1 year
Indus Maxima
Experience a suite of premium banking solutions for you and your family with Indus Maxima.
ROI Table
- Balance up to Rs. 10 lakhs: Rate of Interest 3.5% p.a.
- Balance above Rs. 10 lakhs P: Rate of Interest 4.5% p.a.
Additional Benefits:
- Up to 35% discount on locker for Year 1
- Unlimited free ATM withdrawals
- Group accounts for up to 2 family members and get premium benefits on all the 3 accounts while you can maintain the balance in any one or all 3 accounts
- Complimentary insurance coverage of Rs. 35.5 Lakhs
- Earn attractive cashbacks, discount on dining and offers on travel, fashion and shopping
Why Should I Choose a High-Yield Savings Account by IndusInd Bank?
The most obvious reason to choose a high-interest savings account at IndusInd Bank is the attractive interest rates we offer. But that’s not all! Both the accounts listed above offer flexibility of transactions along with a host of benefits like insurance cover and locker discounts. What’s more, you get access to a world of special privileges, deals, and offers. Be it dining out, shopping, or travel, you get rewarded for your transactions!
Needless to say, your funds stay safe and liquid, and you can withdraw them at any time.
To Sum Up
It’s time you expect more from your savings account. And at IndusInd Bank, we deliver more.
Open a savings account online at IndusInd Bank and experience banking like never before. Start your journey with us today!
Note: Please visit https://www.indusind.com/in/en/personal/accounts/saving-account.html to check the latest information.
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.